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EXCLUSIVE Further details emerge of Glennmont sale
[vc_row][vc_column][vc_column_text]Further details have emerged on the 85 MW photovoltaic portfolio divestment of Glennmont (link news). The UK infrastructure fund is advised by Rothschild and the project code is “Project Tosca”. Currently the plants have not be refinanced and the binding offers are expected by 25th of July.[/vc_column_text][/vc_column][/vc_row]
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EXCLUSIVE Octopus closes 5 years PPA in Italy
[vc_row][vc_column][vc_column_text]UK photovoltaic investment fund Octopus, pioneer in Italy on the PV market parity (plants whose production does not benefit from any public incentives) has closed a power sales contract for a total of 70.5 megawatts. The portfolio comprises six power plants currently under construction in Lazio and Sardinia. The purchaser of the energy produced by…
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German Green City enters Italian wind business
[vc_row][vc_column][vc_column_text]German group Green City continues its expansion on the Italian renewable energy market with the acquisition of 80% of the share capital of San Bernardo Wind Energy, a company in the province of Cuneo, owner of the “Biovento” wind farm, with an installed capacity of 12,5 megawatts. The plant has an offtake contract with Lugano-based…
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Norwegian Aega expands the Italian PV portfolio
La società norvegese Aega, quotata all’Oslo axess stock exchange, incrementa il portafoglio fotovoltaico in Italia. Aega ha infatti rilevato …
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Ens Solar Five (Palladio), the Court of Milan approves composition with creditors
[vc_row][vc_column][vc_column_text]Milan-based photovoltaic producer Ens Solar Five, wholly owned by Vei Green, obtained last week by Milan court the homologation of the direct-standing composition with creditors. Vei Green invests in renewable energy and is controlled by Pfh Palladio Holding, the Vicenza-based company founded by Roberto Meneguzzo, of which Giorgio Drago is CEO, who in 2012 together…
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Guarantee of origin prices rise sharply at latest Gse auction
[vc_row][vc_column][vc_column_text]Last Thursday the auction of Guarantee of Origin (GoO) reached another peak with prices rising strongly compared to the last auction of March. The GoO were sold by the State-owned Gse (Gestore dei Servizi Energetici). The GoO are related to production between January and April 2018. The Guarantees of Origin (GOs) are electronic certificates issued…
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Glennmont divests Italian PV portfolio
Glennmont Partners, one of the largest European renewable asset owner, has put its Italian photovoltaic portfolio on sale. The portfolio includes…
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Offtake, Edison loses on PV market, Next Kraftwerke rises in wind
[vc_row][vc_column][vc_column_text]The German trader Next Kraftwerke increases the wind portfolio adding the Aren Electric wind farms. Since the beginning of June, Next Kraftwerke has added 58 MW to its portfolio, reaching 124 MW. Former off-taker was the South-Tyrol trader Energy.Trade, trading company of Psaier Energies group. Last month another company of the Psaier group, Energy.Dis, has…
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Ellomay announces entry into a Euro 35.9 Million project finance agreement by Italian subsidiaries
Ellomay a renewable energy producer with projects in Europe and Israel, today announced that five of its Italian subsidiaries entered into a euro 35.9 million project finance facility agreement. The facility agreement was executed among the Italian subsidiaries
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EXCLUSIVE Russian Gazprom new shareholder of Eviva
Milan-based trader Eviva has a new strong shareholder…
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Electrawinds divests Italian wind farm
[vc_row][vc_column][vc_column_text]The Belgian group Electrawinds has divested its Italian wind farm of 8 MW located in Pontedera (Tuscany). The buyer is the Aosta-based renewable producer CVA The wind farm of 4 turbines of 2 MW each has been in operation since 2008 producing about 10 GWh annually. With this acquisition the wind power portfolio of CVA…
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VEI Green divests the wind business
[vc_row][vc_column][vc_column_text]VEI Green, an investment company of the Palladio Holding group, has divested its interest in the wind generation business. VEI Green has sold its stake in the WIISPA company an operations vehicle created last year with Whysol Investimenti. VEI Green has awarded in WIISPA the wind farm Carpinone (24 MW) located in Molise. In addition…
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Gas reverse flow Italy-France
[vc_row][vc_column][vc_column_text]Snam Rete Gas and grtgaz have communicated that physical reverse flow Italy to France via Switzerland is supposed to start on 1st June 2018. grtgaz is offering 200 GWh/day (100 GWh/day on firm basis and 100 GWh/day on interruptible basis) entry capacity in Oltingue. Snam Rete Gas is marketing 54 GWh/day Exit Capacity Passo Gries…
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Italian wind power offtake market loses first trader
The wind off-taking market updates the list of participants with the exit of…
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Quercus awards O&M contract for its PV portfolio
[vc_row][vc_column][vc_column_text]UK based renewable infrastructure fund has awarded a O&M contract for its PV portfolio to Gildmeister energy services. Gildmeister is a subsidiray of german group DMG Mori. It will provide the O&M services for Quercus European PV portfolio of 200 MW in UK, Romania, Italy and Bulgaria. In Italy Quercus together with Swisslife owns ASI-Azienda…
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Vestas to supply 48 MW BayWa wind park in Italy
[vc_row][vc_column][vc_column_text]Eolica San Lupo a subsidiary of German developer BayWa has placed an order to Vestas to supply turbines for the 48 MW San Lupo wind park in Italy. The project is located in the province of Benevento in southwestern Italy and was awarded at Italy’s last energy auction. The order includes supply and installation of…
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